Miner Protection
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Ark analyst: Bitcoin and other cryptocurrencies behave like “safe havens”
According to reports, Yassine Elmandjra, an analyst at Ark Invest, said in the company’s weekly newsletter that in the face of the banking crises in the United States and Europe, the rise in the price of Bitcoin indicates that lax regulation has no impact on a decentralized, transparent, and auditable crypto asset ecosystem. Bitcoin and other cryptocurrencies behave like “safe havens.”. Last weekend, when many banks closed and other banks faced runs, Bitcoin did not stagnate: it settled approximately $33 billion, facilitated approximately 600000 transactions, issued 2037 new BTCs at…